Episode 287
What Causes Hyperinflation and What To Do To Prepare For It
Money For the Rest of Us · Money For the Rest of Us
February 19, 202024m 22s
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Show Notes
What factors lead to hyperinflation, why it is so devastating, how hyperinflation can be overcome and what can individuals do to be prepared for hyperinflation.
Topics covered include:
- What causes inflation and how do central banks manage it.
- How the causes of hyperinflation differ from more normal levels of inflation.
- What is the biggest challenge of living in a country with hyperinflation.
- How Zimbabwe and other countries were able to overcome hyperinflation and how Venezuela is slowly taking steps to combat hyperinflation.
- Why Zimbabwe is again experiencing high inflation.
- How individuals can protect against inflation.
- What individuals can do to prepare for hyperinflation in case it comes.
Thanks to Netsuite and Policygenius for sponsoring the episode.
For show notes and more information on this episode click here.
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Topics
BUSINESSinvestingeconomicsInvesting PodcastEconomy